Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 month ago

Why do conservatives think that markets can't crash?

10 Answers

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  • Anonymous
    1 month ago

    I'm pretty sure they admitted to most of the crashes.

    Capitalism is supposed to do that.

  • Anonymous
    1 month ago

    Well it did .. when Covid hit.. it’s back up now but it did definitely go down quite a bit 

  • 1 month ago

    Not sure why you would ask that. I am a conservative investor and know that markets crash and go through recessions as part of the economic cycle. It is healthy for the stock market to take breathers but the long term trend is always up.

    The drop in the markets due to Covid19 gave the market the ability to move higher which is has. The markets are great today and any crashes or recessions soon become a small blip in the big scheme of things. Even the long winded Obama recession which was slow to recover due to anti business policies, is but a blip today.

  • 1 month ago

    Wait...didn’t you liberals claim it “crashed” over and again the last four years while it maintained record highs? 

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  • Anonymous
    1 month ago

    Oh, they know they can. It's certainly happened before.

    The stock market, by the way, does not reflect the real economic lives of Americans.  A great mistake the Trumpkins, and Trump himself, made was to point to a roaring stock market as evidence that the economy was in great shape.  But in fact, that's NOT a valid correlation.  See Michael Steinberger, "The Mirage of Wall Street," New York Times Magazine, May 31., p. 26.

  • Anonymous
    1 month ago

    most people don't realize that  wealth does not disappear , it just changes hands . if the market drops a billion in value it means somebody lost a billion , but somebody else MADE a billion . 

  • 1 month ago

    Actually, many of them love crashes because it's a way to buy stocks cheap.

  • Anonymous
    1 month ago

    Its that what CNN said? 

  • Jeff D
    Lv 7
    1 month ago

    LOL.  What conservative has said that?

  • Anonymous
    1 month ago

    They do with Dementia Joe.

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